Zerodha Vs Alice Blue (Compare Zerodha and Alice Blue)

Zerodha Vs Alice Blue

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Zerodha	Alice Blue
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX and NCDEX	BSE, NSE, MCX
Year of Incorporation	2010
Number of Branches	22
	Open Zerodha Account	Open Alice Blue Account

Zerodha Vs Alice Blue Charges & AMC

Zerodha trading account opening charges is Rs 200 while Alice Blue account opening changes is Rs 150. Zerodha Demat Account AMC Charges is Rs 300 and Alice Blue Demat Account AMC Charges is Rs 400.

	Zerodha	Alice Blue
Trading Account Opening Charges	Rs 200	Rs 150
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0	Rs 0
Demat Account AMC Charges	Rs 300	Rs 400

Zerodha Vs Alice Blue Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.05% whichever is lower.

Account Type	Zerodha Flat Brokerage Plan	Alice Blue Freedom 15 (F15)
Fixed Charges
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	Rs 15 per order or 0.05% whichever is lower
Equity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 15 per order or 0.05% whichever is lower
Equity Options	Rs 20 per executed order	Rs 15 per order
Currency Futures	Rs 20 per executed order or .03% whichever is lower	Rs 15 per order or 0.05% whichever is lower
Currency Options	Rs 20 per executed order or .03% whichever is lower	Rs 15 per order
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	Rs 15 per order or 0.05% whichever is lower
Commodity Options	Rs 20 per executed order or .03% whichever is lower	Rs 15 per order
Special Offer	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.	Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.

Zerodha Charges Vs Alice Blue

Minimum Brokerage	0.03% in Intraday and F&O	Rs 0
Other Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 50 per executed order	Rs 20 per executed order

Zerodha Vs Alice Blue Transaction Charges

Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Alice Blue exchange transaction charges for options is Rs 5300 per crore (0.053%) (on premium).

	Zerodha	Alice Blue
Equity Delivery	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)	Rs 345 per crore (0.00345%)
Equity Intraday	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)	Rs 345 per crore (0.00345%)
Equity Futures	NSE Rs 200 per Cr (0.002%)	Rs 200 per crore (0.002%)
Equity Options	NSE Rs 5300 per Cr (0.053%) (on premium)	Rs 5300 per crore (0.053%) (on premium)
Currency Futures	NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)	Rs 135 per crore (0.00135%)
Currency Options	NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)	Rs 4400 per crore (0.044%) (on premium)
Commodity	Group A - Rs 260 per Cr (0.0026%)	Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
	Open Zerodha Account	Open Alice Blue Account

Zerodha Vs Alice Blue Leverage (Margin)

Zerodha margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Alice Blue margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Zerodha	Alice Blue
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
	Open Zerodha Account	Open Alice Blue Account

Compare Zerodha and Alice Blue Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

	Zerodha	Alice Blue
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Kite Web, Kite Mobile for Android/iOS and Coin	Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time	Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close	Equity: 3:15PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Direct Mutual Funds, APIs for Algo Trading
	Open Zerodha Account	Open Alice Blue Account

Zerodha Vs Alice Blue Review

Zerodha is rated 3.7 of 5 based on 468 customer reviews whereas Alice Blue is rated 3.2 of 5 based on 37 customer reviews.

	Zerodha	Alice Blue
	468 Customer Reviews	37 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 468 customer reviews	Alice Blue is rated 3.2 of 5 based on 37 customer reviews

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Zerodha Vs Alice Blue Investment Options

	Zerodha	Alice Blue
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Zerodha Vs Alice Blue Order Type Offered

	Zerodha	Alice Blue
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Zerodha Account	Open Alice Blue Account

Zerodha Vs Alice Blue Research Report

	Zerodha	Alice Blue
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Zerodha Vs Alice Blue Suitable For Investor Type

	Zerodha	Alice Blue
Casual Investor
Active Investor
Trader

Zerodha Vs Alice Blue - Pros and Cons

	Zerodha	Alice Blue
Pros	India's No. 1 broker in terms of the number of active clients and exchange volume. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.	Free equity delivery trades. No brokerage. Flat Rs 15 brokerage for intraday and F&O. Advance online trading platform.
Cons	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.	Online Mutual Fund investment is not available. Margin funding is not available. Good Till Cancelled (GTC) orders not available. Call & Trade is available with additional cost of Rs 20 per order.
Reviews
Promo / Offers	Zerodha Special Offer Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + Trade with the best trading platform in India. This is a limited-time offer. Open Instant Zerodha Account online and start trading today.	Alice Blue Special Offer Free Equity Delivery Trade Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open Instant Account online with Alice Blue and start trading today.
	Open Zerodha Account	Open Alice Blue Account